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How to Buy Centerra Gold Stock

Centerra Gold Inc

Centerra Gold is a gold company located in Ontario, Canada, which is part of the Basic Materials sector, and is traded under the ticker CGAU on the NYSE exchange.

Centerra Gold stock last closed at $6.19, up 1.98% from the previous day, and has decreased 13.67% in one year. It has underperformed other stocks in the Gold industry by 0.04 percentage points. Centerra Gold stock is currently +38.63% from its 52-week low of $4.47, and -14.38% from its 52-week high of $7.23.

At the moment, there are 215.5M shares of CGAU outstanding. The market cap of CGAU is $1.33B. In the past 24 hours, 342,113 CGAU shares were traded.

How to Buy Centerra Gold Stock

Wondering how to invest in Centerra Gold stock? Here's how.
  1. Choose where to buy Centerra Gold stock: You need to choose a stock brokerage, but don't worry - we've sifted through dozens of online stock brokerages and apps to help you decide where to buy Centerra Gold stock.
  2. Sign up for your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Put funds into your brokerage account: Choose your method of payment and add your details.
  4. Analyze Centerra Gold stock: The Centerra Gold ticker symbol is CGAU. Is Centerra Gold stock a good investment? Should you buy shares of CGAU? How do CGAU's underlying business fundamentals look? Do top analysts think Centerra Gold is a good buy? Why has CGAU's stock price moved recently? (Hint: Our stock market research website can help you decide if CGAU is a good stock to buy).
  5. Execute your CGAU trade: Decide if you will purchase CGAU shares at the current market price or use a limit order to purchase CGAU shares at a particular price.
  6. Get notifications regarding your CGAU investment: Create a watchlist to watch your investment in Centerra Gold shares.

Step 1: Choose where to buy Centerra Gold stock

You need a brokerage account to access the NYSE market and buy CGAU shares.

A brokerage account is an investment account that enables you to buy and sell a number of investments, including stocks, bonds, mutual funds, and ETFs.

Our preferred brokerage: eToro

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Step 2: Sign up for your brokerage account

Now that you've selected the right brokerage, you need to fill out some personal information so you are able to invest in CGAU stock today.

How to Open a New Account on eToro

  1. Click here to get started.
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  2. Provide your personal info to start your new brokerage account.
  1. Send your details by clicking the "Create Account" button.
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Step 3: Put funds into your brokerage account

Now that you've filled out your info on a investment app, you can securely and quickly fund your account:

Watch the video below for more details transferring money into your new investment account.

Get started with eToro today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Step 4: Analyze Centerra Gold stock

After you have chosen the best place to buy Centerra Gold stock, it's absolutely critical to research their stock before you buy, so you actually wrap your head around the risk and opportunity.

Centerra Gold Metrics

CGAU Price
$6.19
1w %
3.34%
1y %
-13.67%
5y %
N/A
P/E
-16.73x
P/B
0.8x
P/S
1.22x
PEG
N/A
Revenue
$1.09B
Earnings
-$81.28M
Fore. Rev. Growth
-2.96%
Fore. Earn. Growth
N/A
Market Cap
$1.33B
Next Earnings
May 13, 2024
Next Dividend
N/A

Centerra Gold Due Diligence Checks

WallStreetZen was built to help everyday investors perform more accurate fundamental analysis.

You can view all of the due diligence checks on CGAU's stock page.

Is CGAU stock overvalued?

Investors use many financial metrics, analyses, models, and charts to gauge CGAU's true value.

Using relative valuations methods:

  • CGAU may be undervalued based on its P/B ratio of 0.8x, relative to Gold industry P/B ratio of 1.71x

You can access additional valuation analysis on CGAU's stock here.

CGAU Financial Summary

Passed Financial Due Diligence Checks:

  • CGAU has a low debt to equity ratio of 0.36.
  • CGAU's operating cash flow of $245.60M allows it to safely service it's debt of $0.00.
  • CGAU profit margin has gone up from -9.1% to -7.4% in the past year.
  • There are more short-term assets than short-term liabilities on the CGAU balance sheet.
  • There are more short-term assets than long-term liabilities on the CGAU balance sheet.

Failed Financial Due Diligence Checks:

  • CGAU earnings of $28.98M is not enough to cover its interest payments.

Is Centerra Gold stock a Buy, Hold, or Sell, according to analysts?

Out of 2 Equities analysts who give recommendations on CGAU, the consensus analyst rating on CGAU is a Buy

Please keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.

You can dig deeper into what analysts are projecting on the Centerra Gold stock forecast page.

CGAU Technicals

SMA10
6.06
SMA20
5.98
SMA50
5.59
SMA100
5.63
SMA200
5.62
MACD
0.13
MACD Signal
0.14
MACD Histogram
-0.01
RSI
64.56
Stochastic %K
60.06
Stochastic %D
51.32
StochRSI %K
41.63
StochRSI %D
24.51

CGAU Earnings

Last year, CGAU revenue was $1.09B. In the last 4 year, CGAU's revenue has grown by -5.54% per year. This was slower than the Gold industry average of 15.79%.

Find out more about CGAU's earnings and revenue performance here.

Who is buying/selling CGAU?

Over the last year, executives and large shareholders at CGAU have not bought or sold any shares.

Learn more about who owns CGAU shares here.

Does CGAU provide a stable income stream?

No, Centerra Gold doesn't provide an income stream by paying out dividends.

What others are saying about CGAU

One of the major reasons eToro is our top-rated brokerage is because of its social trading community.

Click below to learn what other community members have to say.

Step 5: Execute your CGAU trade

There are two main types of orders:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are generally sufficient.
  • Limit order: A limit order lets you buy or sell a security at a specific price (or better).
    If you want to make sure you're buying or selling at a particular dollar amount, place a limit order.

Press the Open Trade button and eToro will place your order.

If you require more assistance investing in stocks on eToro, click the how to video below:

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Step 6: Get notifications regarding your CGAU investment

Now that you own some CGAU shares, you'll want to stay up-to-date on your company.

Make a watchlist to track your CGAU stock.

CGAU Feed

How to Buy Stock in Centerra Gold

To reiterate, here are the 6 steps you need to take to buy Centerra Gold stock right now:

  1. Choose where to buy Centerra Gold stock
  2. Sign up for your brokerage account
  3. Put funds into your brokerage account
  4. Analyze Centerra Gold stock
  5. Execute your CGAU trade
  6. Get notifications regarding your CGAU investment

If you need a online brokerage, eToro is our favorite option.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to get the latest scoop on your new investment in Centerra Gold, add CGAU to your watchlist below.

NYSE: CGAU
$6.19+0.12 (+1.98%)
Updated Apr 19, 2024
Open eToro Account
NYSE: CGAU
$6.19+0.12 (+1.98%)
Updated Apr 19, 2024
Open eToro Account

FAQ

How much does it cost to buy one Centerra Gold share?

As of Apr 19, 2024, it costs $6.19 to buy one share of Centerra Gold stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $3, you can buy 0.485 shares of CGAU.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Centerra Gold stock?

According to 2 Wall Street analysts who monitor Centerra Gold, their consensus recommendation is to buy Centerra Gold stock.

What is the best way to buy Centerra Gold stock?

One way to place an order for Centerra Gold stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.